Endeavour Automotive has included two new Hyundai firms to its community with the acquisition of Turners in Suffolk.
John Caney, Endeavour Automotive, took to LinkedIn to announce the news. He reported: “Delighted to announce this early morning the acquisition of two Hyundai corporations and entire body store from Turners of East Anglia, expanding the group’s footprint into Suffolk. The deal taking the overall range of Endeavour areas to twenty two as we celebrate our tenth year considering that inception.
“This is a very essential transfer for the team increasing our attain beyond our existing territory into Suffolk, making a ongoing territory from our Colchester Hyundai organization. The Turners small business is a superb chance with a excellent territory and we extremely a lot appear ahead to welcoming the Turners colleagues into the wider Endeavour group and building on the large success now achieved at a quite enjoyable time for all.
“This acquisition even more cements our very strong romantic relationship with Hyundai United kingdom and takes the teams illustration with the model to 7 places.”
Glen Turner of Turners additional: “This signifies a strategic improvement for both equally Endeavour and Turners to establish and increase their respective small business ambitions. We want them all the ideal for the potential.”
The deal was managed by David Kendrick and his automotive team at UHY Hacker Younger who represented the sellers. David mentioned: “The Turners are 1 of the longest proven family members in the automotive sector and this sale now sees them retire as Endeavour carries on to develop and consolidate purchasing up smaller sized operators. It can make great feeling for John to make this acquisition as it expands their footprint with Hyundai further into East Anglia. I never think this will be the very last of the promotions this calendar year as we head into Q4,a lot of exercise out there.”